TFC Financial Management, Inc. Form ADV Part 2B. Brochure Supplement

Transcription

1 Form ADV Part 2B Brochure Supplement May 19, 2014 Website: This Brochure Supplement provides information about Jane Taubner Barney, Kathleen A. Chianca, Mary M. Evans, Charles E. Hipp, James L. Joslin, Renée Kwok, Leann N. Sullivan, and Scott A. Swartz of ( we, us or the firm ). This document supplements our Form ADV Part 2A Brochure, which you should have received. Please contact our Chief Compliance Officer James L. Joslin, at or by at jjoslin@tfcfinancial.com, if you have not received our Brochure, if you have any questions about our Brochure or this Brochure Supplement, or if you would like to request additional copies of either document. All of the individuals named above may be reached at the telephone numbers above. Additional information about the individuals named above is available on the SEC s website at: 1

2 A number of our employees included in this Brochure Supplement have earned certifications and credentials that are described below. CERTIFIED FINANCIAL PLANNER or CFP : The CFP and CERTIFIED FINANCIAL PLANNER marks are financial planning credentials awarded by Certified Financial Planner Board of Standards Inc. to individuals who meet education, examination, experience and ethics requirements. In order to maintain the designation, the individual must meet minimum annual continuing education requirements. Chartered Financial Analyst or CFA : Holders of the Chartered Financial Analyst or CFA designation are securities analysts, money managers and investment advisers who have completed the CFA program, a graduate-level, self-study curriculum and examination program for investment professionals that covers a broad range of investment topics. CFA charterholders are required to affirm their commitment to high ethical standards and voluntarily submit to the authority of CFA Institute. Certified Employee Benefit Specialist or CEBS: The CEBS designation is cosponsored by the International Foundation of Employee Benefit Plans (IFEBP) and the Wharton School, University of Pennsylvania. The eight course college level curriculum provides a comprehensive understanding of employee benefit concepts and principles. 2

3 Jane Taubner Barney, JD, CFP Senior Client Advisor Jane Taubner Barney was born in She is a graduate of New England School of Law in Boston and received her Bachelor's degree in Computer Science/Management from Russell Sage College. Ms. Barney earned her CERTIFIED FINANCIAL PLANNER designation in Ms. Barney is a member of the Massachusetts Bar, a member and past President of the Massachusetts Association of Women Lawyers, and also a member of the Financial Planning Association. Ms. Barney joined us in 2007 and is a Senior Client Advisor. She is a participant of the firm's Financial Planning and Investment Committees and provides comprehensive financial planning and investment advisory services for a select number of our clients. Prior to joining the firm, Ms. Barney was a client service manager for Canby Financial Advisors, where she prepared financial plans and statements, conducted investment research, and made investment recommendations. Ms. Barney has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Ms. Barney or TFC Financial Management. Ms. Barney is not engaged in any other investment related business, and does not receive Ms. Barney does not receive economic benefits from any person or entity other than TFC Financial Ms. Barney works closely with, and is supervised by, Renée Kwok, President of TFC Financial Management. Together they meet with clients to provide comprehensive financial planning and investment advisory services. All client trades may be seen by other financial planners in the firm. Ms. Kwok, together with all of the financial planners, participates in regularly scheduled account review meetings. Ms. Kwok may be reached at. 3

4 Kathleen A. Chianca, CFP Vice President Kathleen A. Chianca was born in Ms. Chianca earned her CFP in Ms. Chianca is a member of the Financial Planning Association; Certified Mutual Fund Specialist from the Boston Institute of Finance; and holds a Certificate in Trust & Estate Planning from the Foundation for Continuing Education. Ms. Chianca has also taken courses at the University of Massachusetts Boston, College of Arts and Sciences. She is enrolled in the Retirement Management Analyst SM (RMA SM ) program. Additional education includes courses sponsored by the Insurance and Financial Services Institute at Northeastern University. Ms. Chianca is also a Notary Public. Ms. Chianca joined the firm in 1995 and is a Vice President. She is a participant of the firm's Financial Planning and Investment Committees and works directly with many of our clients in all aspects of the financial planning process such as information-gathering, analyses, and implementing work plans, especially within the cash flow and budgeting areas. Prior to joining the firm, Ms. Chianca operated a bookkeeping service for a wide variety of businesses and high net worth clients with varying personal interests and needs (e.g., law firms, real estate management, construction, trucking industry, human resources, computer industry, retail, including payroll and tax requirements). Ms. Chianca has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Ms. Chianca or TFC Financial Management. Ms. Chianca is not engaged in any other investment related business, and does not receive Ms. Chianca does not receive economic benefits from any person or entity other than TFC Financial Ms. Chianca works closely with, and is supervised by, Renée Kwok, President. Together they meet with clients to provide comprehensive financial planning and investment advisory services. All client trades may be seen by other financial planners in the firm. Ms Kwok, together with all of the financial planners, participates in regularly scheduled account review meetings. Ms. Kwok may be reached at. 4

5 Mary M. Evans, CFP Client Advisor Mary M. Evans was born in Ms. Evans completed her Master of Science degree in Financial Planning from the McCallum Graduate School of Business at Bentley College, now Bentley University. She holds a Bachelor of Science degree from the Carroll School of Management at Boston College, with a concentration in accounting. In 2010 Ms. Evans earned her CFP designation. She is a member of the Financial Planning Association. Ms. Evans joined the firm in 2011 and is a Client Advisor. She provides financial planning and investment advisory service support to a select number of the firm's clients and is a participant of the firm's Financial Planning and Investment Committees. Prior to joining the firm, Ms. Evans worked with a fee-only wealth management firm in Boston where she helped to design and maintain client portfolios by building long-term financial projections. Ms. Evans previously worked closely with graduate students on career planning and placement services for both Bentley College's McCallum Graduate School of Business and Babson College's MBA Center for Career Development at the F.W. Olin Graduate School of Business. She spent eleven years at PricewaterhouseCoopers, LLP in a variety of roles as a member of the audit staff, in human resources and also led the campus recruiting program for the Boston office. Ms. Evans has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Ms. Evans or TFC Financial Management. Ms. Evans is not engaged in any other investment related business, and does not receive Ms. Evans does not receive economic benefits from any person or entity other than TFC Financial Ms. Evans works closely with, and is supervised by, Renée Kwok, President. Together they meet with clients to provide comprehensive financial planning and investment advisory services. All client trades may be seen by other financial planners in the firm. Ms Kwok, together with all of the financial planners, participates in regularly scheduled account review meetings. Ms. Kwok may be reached at. 5

6 Charles E. Hipp, CFA Director of Investment Research Charles E. Hipp was born in Mr. Hipp graduated from Framingham State College with a Bachelor of Science degree in finance. He earned his Chartered Financial Analyst (CFA) designation in Mr. Hipp has successfully completed the FINRA Series 7 and Series 63 securities examinations. He is a member of the Boston Security Analysts Society. Mr. Hipp joined the firm in 2005 and is Director of Investment Research. He serves as a member of the firm's Investment Committee and provides in-depth research on mutual funds, various asset classes, and capital market conditions. Mr. Hipp provides investment support to TFC Principals and Client Advisors in communicating and presenting our investment views, strategy, and process. Additionally, he manages a select group of client relationships. Prior to joining the firm, Mr. Hipp worked as an investment analyst for Fidelity Investments, where he served as an in-house investment resource, supporting Fidelity's Investment Consulting Services, Product Development, and Marketing Communications. He provided quantitative and qualitative analysis on Fidelity's mutual funds, as well as those of its competitors. His analysis focused on asset allocation, manager style, and mutual fund performance and positioning, as well as capital markets conditions and trends. Mr. Hipp has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Mr. Hipp or TFC Financial Management. Mr. Hipp is not engaged in any other investment related business, and does not receive Mr. Hipp does not receive economic benefits from any person or entity other than TFC Financial Mr. Hipp works closely with, and is supervised by, Renée Kwok, President, and James L. Joslin, Chairman, CEO & CCO of the firm, and participates in regularly scheduled account review meetings for the select group of client relationships for which he is responsible. Mr. Joslin may be reached at. 6

7 James L. Joslin, CFP Chairman, CEO & CCO James L. Joslin was born in Mr. Joslin received his A.B. from Harvard College and served as a U.S. Naval Intelligence Officer in both the U.S. and Europe. He earned his CERTIFIED FINANCIAL PLANNER designation in Mr. Joslin is a member of the Financial Planning Association, CFA Institute, Boston Security Analysts Society, as well as the Boston Economic Club. A founding principal of TFC Financial Management since 1980, Mr. Joslin is Chairman and Chief Executive Officer. He also serves as a member of the firm s Investment Committee. Mr. Joslin provides comprehensive investment advisory services and research for the firm's clients, and is also responsible for long-range planning, client communications and compliance mandates. Prior to joining the firm, Mr. Joslin was the principal of J.L. Joslin Associates, which provided consulting services to major financial companies serving affluent investors. Mr. Joslin also held senior portfolio management and marketing positions at Jennison Associates, Eaton Vance Corporation, Thorndike, Doran, Paine and Lewis, and Wellington Management Company, all major firms in the individual and tax-qualified money management business. Mr. Joslin has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Mr. Joslin or TFC Financial Management. Mr. Joslin is not engaged in any other investment related business, and does not receive Mr. Joslin does not receive economic benefits from any person or entity other than TFC Financial Mr. Joslin works closely with Renée Kwok, President. Together they share responsibility for the firm s day-to-day operations and advisory activities. Ms. Kwok may be reached at. 7

8 Renée Kwok, CFP President Renée Kwok was born in She received her B.A. in Economics from Middlebury College and is fluent in Chinese. Ms. Kwok earned her CFP designation in Ms. Kwok is a member of the Financial Planning Association. Ms. Kwok joined the firm in As President of the firm, she is responsible for overseeing the firm's day-to-day operations. Ms. Kwok works closely with clients to help execute their financial planning and investment goals and often collaborates with the clients accountants, attorneys and/or insurance agents to provide a comprehensive approach to the clients needs. Ms. Kwok is a member of TFC's Financial Planning and Investment Committees. Ms. Kwok is a regular speaker on a range of wealth management and investment topics. She has presented to professional groups such as the Massachusetts Continuing Legal Education, Inc. and the Massachusetts Association of Women Lawyers. Ms. Kwok was selected as a FIVE STAR Wealth Manager and was featured in a special segment of the February 2011 issue of Boston Magazine and again in February In 2001, Mutual Funds Magazine named Ms. Kwok as one of the "Best Financial Planners in the Northeast." Prior to joining the firm, Ms. Kwok was a consultant for a fee-based financial planning and investment management company serving health care professionals. Ms. Kwok has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Ms. Kwok or TFC Financial Management. Ms. Kwok is not engaged in any other investment related business, and does not receive Ms. Kwok does not receive economic benefits from any person or entity other than TFC Financial Mr. Kwok works closely with, and is supervised by, James L. Joslin, Chairman, CEO, and CCO. Together they share responsibility for the firm s day-to-day operations and advisory activities. Mr. Joslin may be reached at. 8

9 Leann N. Sullivan, CFP Vice President Leann N. Sullivan was born in Ms. Sullivan graduated from Fairfield University in Connecticut where she received Bachelor of Science degrees in both Finance and Marketing. Ms. Sullivan earned her CERTIFIED FINANCIAL PLANNER designation in She is a member of the Financial Planning Association, as well as the Boston Estate Planning Council. Ms. Sullivan joined the firm in 2001 and is a Vice President. Ms. Sullivan provides comprehensive financial planning and investment advisory services for a select number of the firm s clients. She is a participant in the firm s Financial Planning and Investment Committees. Prior to joining the firm, Ms. Sullivan was a Wealth Management Advisor for Legg Mason Wood Walker, Inc. At Legg Mason, she worked with high net worth clients and prospects to develop and implement comprehensive financial plans. Direction was provided relative to estate planning, charitable planning, risk management, asset management, debt management, and tax management. Ms. Sullivan has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Ms. Sullivan or TFC Financial Management. Ms. Sullivan is not engaged in any other investment related business, and does not receive Ms. Sullivan does not receive economic benefits from any person or entity other than TFC Financial Ms. Sullivan works closely with, and is supervised by, Renée Kwok, President. Together they meet with clients to provide comprehensive financial planning and investment advisory services. All client trades may be seen by other financial planners in the firm. Ms. Kwok, together with all of the financial planners, participates in regularly scheduled account review meetings. Ms. Kwok may be reached at. 9

10 Scott A. Swartz, CFP Vice President Scott A. Swartz was born in Mr. Swartz graduated from Bowdoin College in Maine where he received a Bachelor of Arts degree in History. He earned his MBA from the University of North Carolina Chapel Hill Kenan-Flagler School of Business with a concentration in Finance. Mr. Swartz earned his CERTIFIED FINANCIAL PLANNER designation in He is a member of the Financial Planning Association. Mr. Swartz also serves on the Board of the Walter Trumbell Scholarship Fund at the Middlesex School in Concord, MA. Mr. Swartz joined the firm in 2011 and is a Vice President. Mr. Swartz provides comprehensive financial planning and investment advisory services for a select number of the firm s clients. He is a participant in the firm s Financial Planning and Investment Committees. Prior to joining the firm, Mr. Swartz was a Partner and Senior Financial Counselor with The Colony Group, LLC where he worked with high net worth individuals and families on investment management, estate planning, risk management, concentrated wealth positions, and other financial planning areas. He also worked closely with clients on income tax planning and tax return preparation. Mr. Swartz has not been involved in any legal or disciplinary events that would be material to a client s evaluation of Mr. Swartz or TFC Financial Management. Mr. Swartz is not engaged in any other investment related business, and does not receive Mr. Swartz does not receive economic benefits from any person or entity other than TFC Financial Mr. Swartz works closely with, and is supervised by, Renée Kwok, President. Together they meet with clients to provide comprehensive financial planning and investment advisory services. All client trades may be seen by other financial planners in the firm. Ms. Kwok, together with all of the financial planners, participates in regularly scheduled account review meetings. Ms. Kwok may be reached at. 10